Kodak Reports Q1 2001 Sales & Earnings

Eastman Kodak has today reported revenues of $2.975 billion and net earnings of $150 million ($0.52 per share) for Q1 2001. Segment results were: "Other Imaging" (which includes digital cameras) up 1%, Consumer Imaging sales down 7%, Kodak Pro sales down 11%, Health Imaging up 15%. "These results are in line with the expectations we set last December and reaffirmed in January when we reported year-end 2000 results,'' said Daniel A. Carp. UPDATE: Kodak to cut at least 3,000 jobs, blames slow down in film sales and drop in prices of film media.

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